Digital Gift Card Market is anticipated to reach $1,101.03 billion by 2030, registering a CAGR of 15.8% from 2021 and 2030. According to Allied’s report, the market is driven by recent technological advancements and the rapid launch of new products. The report covers an in-depth study of the latest market trends, major driving factors, top market players, and top investment pockets.
The report involves the latest market developments such as expansions, partnerships, new product launches, and mergers & acquisitions. Moreover, the study includes a detailed analysis of market dynamics such as drivers, restraints, challenges, and opportunities.
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The digital gift card market report offers an in-depth study of drivers, restraints, challenges, and opportunities. Thorough information about major drivers of the market helps to understand market dynamics and how they can affect market growth. Furthermore, the restrains and challenges are covered in the report which is essential for market players for investments.
An increase in demand for advanced payment options
Gift cards are compared to prepaid debit cards in this regard. These cards are now increasingly widely used for payments by customers thanks to their convenience, adaptability, dependability, and security. These cards are a crucial component of online payments. Gift cards generate 2% of worldwide e-commerce and 1% of point of sale (POS) spending, according to Worldpay’s 2018 report.
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Key Benefits For Stakeholders
- The study provides an in-depth analysis of the global digital gift card market forecast along with the current trends and future estimations to explain the imminent investment pockets.
- Information about key drivers, restraints, & opportunities and their impact analysis on the global digital gift card market is provided in the report.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the e-gift card market.
- The quantitative analysis of the market from 2021 to 2030 is provided to determine the digital gift card market potential.
Digital Gift Card Market Report Highlights
| Aspects | Details |
|---|---|
| By Functional Attribute | Open loop gift cardClosed loop gift card |
| By End user | RetailGeneration XGeneration Z/MillennialsBaby BoomersCorporate |
| By Application | Consumer GoodsHealth & WellnessRestaurants & BarsTravel & TourismMedia & EntertainmentOthers |
| By Region | North America (U.S., Canada)Europe (Italy, Germany, France, Netherlands, Spain, UK, Nordic Countries, Rest of Europe)Asia-Pacific (China, India, Japan, Australia, South Korea, Rest of Asia-Pacific)LAMEA (Latin America, Middle East, Africa) |
| By Key Market Players | Amazon.com, Inc.Apple, Inc.Blackhawk Network Holdings, Inc.Fiserv, Inc.InComm PaymentsLoop Commerce, Inc.National Gift Card CorporationPayPal Holdings, Inc.Target Brands, Inc.Walmart Inc. |
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